Michael Maglaras & Co Salary

Michael Maglaras & Co Salary

How much does the Michael Maglaras & Co Pay for employees?

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As of August 2026, the average annual salary for employees at Michael Maglaras & Co in the United States is $96,050. This translates to an approximate hourly wage of $46. Salaries at Michael Maglaras & Co typically range from $84,515 to $108,599 annually, reflecting the diverse roles and experience levels within the company. Michael Maglaras & Co’s salaries are influenced by a wide range of factors including job role, department, years of experience, and location.
DISCLAIMER: The salary range presented here is an estimation that has been derived from our proprietary algorithm. It should be noted that this range does not originate from the company's factual payroll records or survey data.

How Much Does Michael Maglaras & Co Pay for Different Roles?

Explore detailed salary information for specific jobs at Michael Maglaras & Co. The table below outlines the annual salary ranges for popular roles within the company, helping you benchmark potential earnings. Use 'View by Card/Table' option to find the data most relevant to your career path.
DISCLAIMER: The salary range presented here is an estimation that has been derived from our proprietary algorithm. It should be noted that this range does not originate from the company's factual payroll records or survey data.
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Current Job Openings at Michael Maglaras & Co

Ready for your next career move? Explore current job openings at Michael Maglaras & Co. Use the search tool below to find available positions by title and location and apply directly to start your career.

Is Michael Maglaras & Co’s Pay Competitive? Salary Benchmarking Analysis

How does Michael Maglaras & Co’s compensation stack up against the market? This analysis visualizes their annual average salary compared to its industry benchmark and key peer companies.
Peer Company & Industry Benchmarking
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90k
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Average Salary ($/year)
Michael Maglaras & Co
Insurance
The Quintal Agency Inc
Plootus
Industry Comparison
Our data shows that, on average, compensation at Michael Maglaras & Co is below the average for the U.S. Insurance industry by approximately 22%. This positioning suggests their pay is below the market average within their sector.
Peer Company Comparison
To provide a broader market perspective, we compared Michael Maglaras & Co average annual salary with several similar companies. Michael Maglaras & Co average salary of $96,050 is lower than The Quintal Agency Inc, which has an average salary of $96,535. It is lower than Plootus, with their average salary at $96,778. This places Michael Maglaras & Co in a developing position among its peers.
See Your True Competitors
The companies behind the question marks could be hiring your best people. Don't operate with incomplete data. Unlock your full competitive view with Salary.com for Business to precisely benchmark salaries, benefits, and more against your true competitors.

How Michael Maglaras & Co's Salaries Compare to Similar Companies?

Explore companies in the same industry to compare average salaries, benefits, and career opportunities with those at Michael Maglaras & Co. Click a company name to learn more.

Employee Reviews: Working at Michael Maglaras & Co

Considering a career at Michael Maglaras & Co? Explore authentic employee reviews to learn about the work environment, career growth opportunities, pay transparency and benefits. These first-hand insights can help you set realistic compensation expectations and make informed career decisions.
Joining this insurance company was a great career move. Management is straightforward, with minimal micromanagement. The workload is consistent but manageable. The company also hosts engaging team-building events, fostering camaraderie. Competitive pay and a positive atmosphere.
Commented in May 20, 2025
43
1
The compensation package is strong, with bonuses tied to both individual and company performance. The insurance training programs are thorough, and career advancement is encouraged. Happy with my role here. I appreciate the opportunities for professional development, such as workshops and certifications. I appreciate the transparency and integrity of this company. The company’s reputation in the i...
Commented in July 29, 2024
48
3
Colleagues are professional, though more team-building activities would enhance collaboration. The insurance industry expertise here is impressive, and collaboration is encouraged. While innovation is gradual, the focus on reliability is a strength. I’ve had opportunities to upskill through training programs, which have helped me advance in my career. Training programs are top-notch, and leadershi...
Commented in March 15, 2024
15
2

Michael Maglaras & Co Overview

Website
www.michaelmaglaras.com
Founded In
1988
Employees
<25 employees
Industry
Insurance
Headquarter Address
237 Hillside Rd Ashford Connecticut CT 06278
Revenue
<$5 Million
Phone Number
+1 8604870000
Social Media
About Michael Maglaras & Co
Michael Maglaras & Company is a division of A.E.M. Holdings, Ltd., and is an international insurance consulting firm specializing in providing insurance program consulting advice, including self-insurance feasibility testing and other alternatives to traditional insurance programs for a variety of health care and other clients. Michael Maglaras & Company was founded in 1988 by its Managing Princip

What Benefits Does Michael Maglaras & Co Offer Beyond Salary?

A competitive compensation package is more than just a salary. Michael Maglaras & Co offers a comprehensive benefits package designed to support your health, financial future, and overall well-being. Below are the most common key benefits:
Social Security
401(K)
Disability
Healthcare
Pension
Time Off (days)
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What Is the Cost of Living Near Bridgeport?

Understanding the cost of living near Bridgeport is key to truly evaluating a salary offer or your current compensation at Michael Maglaras & Co.
Bridgeport's Cost of Living Index is approximately 109.8 (9.8% more expensive than US average; 1.9% more than CT average). Largest CT city, more affordable housing than Fairfield County, but overall costs above US avg. GBT bus, Metro-North. When planning your budget based on a salary from Michael Maglaras & Co, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $1,300 - $1,900+ A significant portion of Michael Maglaras & Co salary. Location choices impact this heavily.
Utilities (Basic) $180 - $290 (High heating/electric) Electricity, Heating, Cooling, Water etc.
Public Transportation $63 (GBT 31-day pass) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $430 - $630 Can be higher with more dining out or specialty stores.
Personal & Leisure $350 - $650+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $400 - $750+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $2,723 - $4,223+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Michael Maglaras & Co

1. What is the estimated average total compensation at Michael Maglaras & Co?

Salary.com estimates that the average total compensation package at Michael Maglaras & Co, which can include base salary, potential bonuses, and benefits, is around $96,050 annually . Total compensation provides a more holistic view of an employee's earnings.

2. How much does Michael Maglaras & Co pay compared to The Quintal Agency Inc?

The average annual salary at Michael Maglaras & Co is $96,050, or an hourly wage of $46, in comparison to The Quintal Agency Inc which pays $96,535 per year or $46 per hour.

3. What's the typical salary progression for an employee moving from an entry-level to a senior role at Michael Maglaras & Co?

Salary progression from an entry-level to a senior role at Michael Maglaras & Co can be significant, often involving several promotions and substantial pay increases. For example, an entry-level Analyst might see their salary potentially double or more as they progress to a Senior Manager or Director position over several years, assuming strong performance and development.

4. How can I determine if a salary offer from Michael Maglaras & Co in Bridgeport is fair given the local cost of living?

To determine if a salary offer from Michael Maglaras & Co in Bridgeport is fair, first compare the gross salary to our data for similar roles at Michael Maglaras & Co and its competitors (see our similar company salaries section) . Then, critically, use our "Cost of Living Insights for Bridgeport" to understand its purchasing power.

5. Are promotions at Michael Maglaras & Co usually accompanied by a significant salary increase?

Yes, promotions at Michael Maglaras & Co are generally accompanied by a salary increase. The amount of the increase typically reflects the greater responsibilities, skills, and scope of the new role. The percentage increase can vary widely depending on the level of promotion and the company's compensation structure.

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